Suppose that Y is a binomial random variable based on n trials and success probability p
Chapter 16, Problem 16.6(choose chapter or problem)
Suppose that Y is a binomial random variable based on n trials and success probability p (this is the case for the virulent-disease example in Section 16.1). Use the conjugate beta prior with parameters and to derive the posterior distribution of p | y. Compare this posterior with that found in Example 16.1.
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